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GameStop names billionaire Ryan Cohen as CEO

September 28, 2023
in Business
Reading Time: 1 min read
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GameStop names billionaire Ryan Cohen as CEO
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GameStop (GME.N) on Thursday named Ryan Cohen as its CEO and chairman, giving the billionaire activist investor more power to spearhead a turnaround of the video game retailer.

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Cohen will relinquish the title of executive chairman, a role that he had taken on after the company ousted former CEO Matt Furlong in June.

Shares of the retail investor darling jumped 6% in premarket trading.

Credit: Source link

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